Prof. Peter Swire, Elizabeth and Thomas Holder Chair at the Georgia Tech Scheller College of Business and Senior Counsel at Alston & Bird, has published a new white paper on “Possible Privacy, Cybersecurity, and Data Breach issues in the Proposed National Medical Claims Database Under Section 303 of S. 1895.” Senators Lamar Alexander (R-TN) and Patty Murray […]
Senate
Bill Proposes Jail Time for Executives Who Conceal Data Breaches
On November 30, 2017, a group of U.S. senators re-introduced a bill, known as the Data Security and Breach Notification Act, which seeks to impose criminal liability of up to five years of jail time on any corporate executive convicted of “intentionally and willfully” concealing a data breach. The bill also proposes that the Federal […]
U.S. Treasury Secretary Lew Emphasizes Cyber-Risks for Financial Institutions
In remarks delivered earlier this month, U.S. Treasury Secretary Jacob Lew highlighted the dangers of “cyber intrusions” to financial institutions. Secretary Lew cited more than 250 cyber attacks against U.S. banks and credit unions since 2011, as well as recent hacks and credit card thefts against major retailers. “Cyber attacks on our financial system represent […]
Energy and Commerce Committee to Hold First U.S. House of Representatives Hearing in 2014 on Protecting Consumer Information and Preventing Data Security Breaches
Following the recent announcement of two U.S. Senate committee hearings on data security breaches, the House Energy and Commerce Committee announced the first U.S. House of Representatives hearing to examine the issue. During the same week as the Senate hearings, the committee’s Subcommittee on Commerce, Manufacturing and Trade (CMT), chaired by Rep. Lee Terry (R-NE), will […]
U.S. Senate Banking and Judiciary Committees to Hold Hearings Examining Data Security Breaches, Identity Theft, and the Safeguarding of Consumers’ Financial Data
The U.S. Senate Committees on Banking and the Judiciary will each host hearings during the week of February 3, 2014, to examine the impact on consumers from recently reported data security breaches and what measures may be taken to protect sensitive information of consumers, including customer financial information, from criminal acquisition and misuse. Consistent with […]